Urban Development Department Tender

The required prior work experience for the bidder includes experience in similar projects, with specific requirements such as quantities of work executed as prime contractor or nominated subcontractor. The bidder should have completed similar works in the last five years, with details of project name, employer, description of work, contract number, value of contract, and date of issue of work order. The bidder should have experience in works of a similar nature and size for each of the last five years, with the total monetary value of turnover performed for each of the last five years. The bidder should also provide evidence of access to lines of credit and availability of other financial resources facilities, which is 10% of the contract value, certified by the Bankers. The bidder should undertake to invest a minimum amount up to 25% of the contract value exclusively for this work during implementation. However, the exact percentage of similar works completed is not specified. Proposal for subcontracting components of the works amounting to more than 10 percent of the Bid Price shall not be permitted. The lead partner in a Joint Venture/Consortium should meet the qualifying criteria (100%) in proportion to the partnership, but not less than 50%. Other partners should meet the criteria in proportion to the partnership, but not less than 25%. The bidder should provide reports on the financial standing, such as profit and loss statements and auditor’s reports for the past five years. The bidder should also provide an undertaking that they will be able to invest a minimum amount up to 25% of the contract value exclusively for this work during implementation. For contracts over Rs.2.5 Crore, the proposed methodology and programme of construction, backed with equipment planning and deployment, duly supported with broad calculations and quality control procedures proposed to be adopted, justifying their capability of execution and completion of the work as per technical specifications within the stipulated period of completion as per milestones, is required. The bidder is required to have prior work experience in bioremediation work, with the total value of bioremediation work performed in the last five years to be provided, along with a certificate from a Chartered Accountant. The bidder should have completed works of a similar nature over the last five years, with details of the project name, employer, description of work, contract number, value of contract, and date of issue of work order. The bidder should have experience of establishing and operating (O&M) Bioremediation Facilities with any of the Government/Local bodies or PSUs of capacity equivalent to the specified criteria in the last 10 years. The available bid capacity is calculated based on their turnover in the last five years, with a formula: Available Bid capacity = (A*N*2 - B), where A is the maximum value of turnover, N is the number of years prescribed for completion of the works, and B is the value of existing commitments and ongoing works. The bidder is required to demonstrate availability of liquid assets and/or credit facilities of no less than the amount indicated in Appendix – III to ITB, which is usually the equivalent of the estimated cash flow for 3 months in the peak construction period. Mentioned values include: - 10% of the contract value for lines of credit and availability of other financial resources facilities - 25% of the contract value for investment exclusively for this work during implementation - Rs.2.5 Crore for contracts - 10 percent of the Bid Price for subcontracting components of the works - 50% and 25% for qualifying criteria in Joint Venture/Consortium - 3 months for estimated cash flow in the peak construction period.